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Old mutual training

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INTRODUCING THE OLD MUTUAL INTERNATIONAL INVESTMENT PORTFOLIO FROM OLD MUTUAL ISLE OF MAN

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A good investment vehicleshould offer the sameadvantages as a traditionalspice box … it should housea wide range of individual,complementary assets – andoffer the possibility of new andpotent combinations.Rakesh JhunjhunwalaPreeminent Indian value investor

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TAXBENEFITSNO TAX ADMINISTRATION• Old Mutual is responsible for all reporting obligations, not the investor.• Share purchases/sales no longer need to be accounted for in annual returns, neither any currency gains/losses.LOWER TAX RATE• Old Mutual is responsible for paying all taxes.• OMIOM pays tax according to section 29A,”four fund approach”• Tax rate applicable to OMIOM 0% vs 13,3% CGT, 40% income tax.

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ADMINISTRATION BENEFITS• Old Mutual not involved in day to day portfolio activity.• All deal instructions placed directly with stockbroker.• Valuations and deal confirmations come directly from stockbroker• Stock transfers available.• Reporting currencies include, GBP ,USD,EUR,CHF,AUD.• Can appoint third party DIM• Custodian account opened in the name of Royal Skandia

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Section 54•Issue up to 1000 policies•Minimum per policy GBP500•Minimum payment or withdrawal amount GBP500•Investment review and and Discretionary Manager fees are partialwithdrawals. OMIOM purely facilitate payment.•Each payment will lock at least one contract.To reduce the impact• co-ordinate payments• reduce frequency• use up all commissionMaximum total withdrawal during first 5 years is initial contributionplus 5% growth per annum in foreign currency.